ALGM vs. FLEX, ALAB, CLS, DRS, CRDO, NXT, QRVO, OLED, LITE, and SITM
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Flex (FLEX), Astera Labs (ALAB), Celestica (CLS), Leonardo DRS (DRS), Credo Technology Group (CRDO), Nextracker (NXT), Qorvo (QRVO), Universal Display (OLED), Lumentum (LITE), and SiTime (SITM). These companies are all part of the "electronic equipment" industry.
Allegro MicroSystems vs.
Allegro MicroSystems (NASDAQ:ALGM) and Flex (NASDAQ:FLEX) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, risk, dividends, profitability, analyst recommendations, earnings, valuation and community ranking.
56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 94.3% of Flex shares are owned by institutional investors. 0.5% of Allegro MicroSystems shares are owned by insiders. Comparatively, 0.8% of Flex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Flex has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.
Allegro MicroSystems currently has a consensus target price of $27.63, indicating a potential downside of 10.48%. Flex has a consensus target price of $46.00, indicating a potential upside of 6.35%. Given Flex's stronger consensus rating and higher probable upside, analysts plainly believe Flex is more favorable than Allegro MicroSystems.
Allegro MicroSystems has a beta of 1.67, meaning that its share price is 67% more volatile than the S&P 500. Comparatively, Flex has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500.
In the previous week, Flex had 43 more articles in the media than Allegro MicroSystems. MarketBeat recorded 47 mentions for Flex and 4 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 1.25 beat Flex's score of 0.30 indicating that Allegro MicroSystems is being referred to more favorably in the media.
Flex has a net margin of 3.95% compared to Allegro MicroSystems' net margin of -8.45%. Flex's return on equity of 17.93% beat Allegro MicroSystems' return on equity.
Flex received 493 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 66.99% of users gave Allegro MicroSystems an outperform vote while only 62.86% of users gave Flex an outperform vote.
Summary
Flex beats Allegro MicroSystems on 13 of the 17 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:ALGM) was last updated on 6/10/2025 by MarketBeat.com Staff
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